Regulated
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1G
40G
KAB
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cs@kabonline.com
香港湾仔告士打道178号华懋世纪广场三十楼
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Founded in 1910, the Chinese Gold and Silver Exchange Society (“CGSE”) is the sole exchange in Hong Kong which trades physical gold and silver, and operates in pursuance of section 3 of Chapter 82 of Laws of Hong Kong, under which its operation as a commodity exchange is legally exempted. Run on a membership-based system, CGSE's mission is to provide an exchange, facilities and related services to its members for transaction of precious metals, such as gold and silver. CGSE trades 99 Tael Gold and Kilobar through an open outcry system; and Loco London Gold / Silver Contract, RMB Kilobar Gold, HK Dollar 999.9 Tael Gold and HK Dollar Loco Silver 1 through “Electronic Trading Platform”.“Transaction Code” is also provided to parties in the transactions.
Current Status:
RegulatedLicense Type:
Type AA LicenseRegulated in Country/Area
Regulatory License No.:
009The Cyprus Securities and Exchange Commission (CySEC) was established in accordance with section 5 of the Securities and Exchange Commission (Establishment and Responsibilities) Law of 2001 as a public legal entity. It is an independent public supervisory Authority responsible for the supervision of the investment services market, transactions in transferable securities carried out in the Republic of Cyprus and the collective investment and asset management sector. It also supervises the firms offering administrative services which do not fall under the supervision of ICPAC and the Cyprus Bar Association.
Current Status:
RegulatedLicense Type:
Straight Through Processing(STP)Regulated in Country/Area
Regulatory License No.:
058/05Email Address of Licensed Institution :
info@kabonline.comLicense Type:
No SharingWebsite of Licensed Institution :
Expiry Date :
--Address of Licensed Institution :
13 Griva Digeni Avenue, Stavrakis Court - Apartment 203, Larnaka CY-6030, CyprusPhone Number of Licensed Institution :
35724815186No data
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General Information & Regulation of KAB
KAB was established in 2002 and opened its first overseas financial institution in Kuwait in the same year to provide investment products and related services to clients in the Middle East, with a trading volume of up to US$2 billion per month in financial derivatives. Today, KAB International Holdings Ltd is an integrated multinational financial group with offices throughout Asia, Europe, and the Middle East. Its subsidiary, KAB Bullion Limited, holds a Hong Kong Bullion Trading Class AA license (Reg. No. 009), and KAB Strategy Ltd, which contains a Cyprus Securities and Exchange Commission STP License (Reg. No. 058/05).
Market Instruments
KAB offers investors a diversified range of investment products, mainly Hong Kong/China stocks, China IPOs, Cyprus Stock Exchange stocks, swap futures, spot metals, spot FX, ECN FX, global futures, asset portfolio management, etc.
KAB Minimum Deposit
To meet different types of investors' investment needs and trading experience, KAB offers four types of accounts, namely Hong Kong/China equity accounts, portfolio management accounts, Sanjia Finance MT4 accounts, and ECN forex accounts. Minimum initial deposit also vary depending on account types, with the HK/China stocks account requires no minimum opening balance, while Portfolio Management Account has a minimum initial subscription HKD 1,000,000.
KAB Leverage
When it comes to trading leverage, KAB gives traders the flexibility to choose suitable leverage to their trading needs, starting from 1:20 and up to 1:500 for some Forex instruments and according to your residence, but generally KAB considered high leverage broker.Please keep in mind that leverage can magnify returns but also risks.
Spreads & Commissions
Spot FX spreads for major currency pairs such as EURUSD, GBPUSD, AUDUSD, etc. are around 5 pips, spreads for LLG 50 cents, MLG contracts 50 cents, spreads for LLS are 2.6 cents, MLS 2.6 cents, net commissions for Spot FX US$40. Commissions charge for Hong Kong/China equities: Stamp duty of 0.1% of trade volume (round up the nearest US dollar), transaction levy of 0.0027% (round up the nearest US cent), a transaction fee of 0.005% (round up the nearest US cent), the central clearing charge of 0.002%, 0.01% of trade value (round up to the nearest US cent. 0.002% is charged by Hong Kong Clearing House with a minimum of HK$3.0). The net commission for swap futures is US$40 (open side only).
Trading Platform
KAB offers traders a Hong Kong/China stock trading platform as well as the market-leading MT4 trading platform. The Hong Kong/China Securities Trading Platform allows users to access and manage their accounts and execute online trades securely and instantly on the Hong Kong Stock Exchange anytime, anywhere. MT4 is a cutting edge platform designed to provide all the necessary tools and resources to trade Forex, CFDs, and Futures online.
Deposit & Withdrawal
About depositing funds: Traders must deposit funds into a KAB Financial bank account. Prior to this, the funds need to be converted into the respective currency and will usually be received within 1 to 3 days. Both deposits and withdrawals take approximately 3 to 4 business days to process, depending on the settlement process and the speed of the user's local bank.
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Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.
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